New member states and France are set to lose most from a fresh EU budget proposal slashing €75 billion from proposed 2014-2020 spending, but Britain still wants more cuts or it will veto the deal at a summit next week.
Drafted by EU Council chief Herman Van Rompuy, the new "negotiating box" seeks cuts in almost all areas, with farm subsidies - which France benefits from the most - slashed by €21.5 billion compared to the initial EU commission proposal of €1 trillion overall for the seve...
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